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Crossroads Mall 5851 Highway 431 1,200 - 28,850 SF of Retail Space Available in Albertville, AL 35950
HIGHLIGHTS
- Indoor/outdoor hybrid mall with a great tenant mix. All new LED lighting throughout the property.
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10 | 1,200 SF | 1-5 Years | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $20,101 CAD/YR $1,675 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 22 | 1,400 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $23,451 CAD/YR $1,954 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 15,300 SF | 3-5 Years | $11.17 CAD/SF/YR $0.93 CAD/SF/MO $170,861 CAD/YR $14,238 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5 | 10,950 SF | 2-5 Years | $12.56 CAD/SF/YR $1.05 CAD/SF/MO $137,568 CAD/YR $11,464 CAD/MO | Triple Net (NNN) |
5850 US Highway 431 - 1st Floor - Ste 10
National Tenants to the Mall include, Aaron Rents, Tuesday Mornings, Save-A-Lot Grocery, Peebles Department Store, Family Dollar Store & Sears Appliance Store. Crossroads Mall is located on Hwy 431 in Albertville, Alabama which is a suburban community of Boaz, Alabama
- Lease rate does not include utilities, property expenses or building services
5850 US Highway 431 - 1st Floor - Ste 22
- Lease rate does not include utilities, property expenses or building services
5850 US Highway 431 - 1st Floor - Ste 3
Formerly a grocery store. Excellent space allocation, loading dock, restrooms
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- 1 Loading Dock
5850 US Highway 431 - 1st Floor - Ste 5
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT CROSSROADS MALL
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Aaron's
- Furniture/Mattress
- 1,822
- International
- Dollar General
- Retailer
- -
- -
- Papa Johns
- Retailer
- -
- -
- Planet Fitness
- Fitness
- 3,172
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Aaron's | Furniture/Mattress | 1,822 | International |
| Dollar General | Retailer | - | - |
| Papa Johns | Retailer | - | - |
| Planet Fitness | Fitness | 3,172 | International |
PROPERTY FACTS
| Total Space Available | 28,850 SF | Gross Leasable Area | 128,685 SF |
| Center Type | Community Center | Total Land Area | 14.10 AC |
| Parking | 200 Spaces | Year Built | 1973 |
| Center Properties | 1 |
| Total Space Available | 28,850 SF |
| Center Type | Community Center |
| Parking | 200 Spaces |
| Center Properties | 1 |
| Gross Leasable Area | 128,685 SF |
| Total Land Area | 14.10 AC |
| Year Built | 1973 |
ABOUT THE PROPERTY
128,685 SF hybrid indoor/outdoor community mall Prime Hwy 431 location with 32,500cars/day Anchored by Planet Fitness, Aaron Rents, Dollar General & Papa John’s New tenants include Legends Bar & Grill and multiple medical & office users Recently renovated with new paint, roofing & LED lighting throughout Adjacent Crossroads Mall Annex includes Dunham’s, Lee Wrangler, & Ollie’s
- Air Conditioning
- Atrium
- Courtyard
- Pylon Sign
- Tenant Controlled HVAC
- Enclosed Mall
NEARBY MAJOR RETAILERS
Presented by
Crossroads Mall | 5851 Highway 431
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